Solved

ABC Incprovided the Following Data for the Year End: Cost of of Goods

Question 83

Multiple Choice

ABC Inc.provided the following data for the year end: Cost of goods sold
$4,680,000
Inventory at the beginning of the year
678,000
Inventory at the end of the year
570,000

What is ABC Inc.'s days' sale in inventory? (Assume 360 days in a year)


A) 95 days
B) 13 days
C) 60 days
D) 48 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions